What to Expect When You Buy Your First House

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Buying a house involves working with multiple professionals before you take possession. There’s a significant learning curve when you’re buying your first home because you must understand the value of each professional as you navigate the home-buying process.

There are also several options to consider, such as whether to buy a townhouse or detached home. Once you buy your home, you’ll learn about managing the new expenses and responsibilities that are part of being a homeowner. Let’s look at some of the professionals you may work with and the options you have to ensure you’re prepared to buy your first home.

Professionals help you navigate the home-buying process.

Real estate agents work with people selling and buying properties. Suppose you want to look at houses for sale in North Carolina. Identifying expert real estate professionals working in the counties you’re considering is an ideal way to start your home search. Realtors consider your preferences, such as lot size, number of bedrooms, number of baths, and house size. They schedule appointments and show you suitable properties listed for sale.

Local real estate agents are familiar with the neighborhoods and can highlight the positive features of each location they show you. They’ll also highlight bonuses, such as mountain views or the reputation of the local school district. Whether you’re looking at condos or cheap houses, your realtor’s goal involves helping you find a property you love, make an offer the sellers accept, and close on your first home. Realtors are also aware of new listings in process, which means sometimes they can show you homes before they’re listed, giving you the chance to make the first offer on the property. Your realtor can also recommend home inspectors who’ll inspect the property before you buy it and alert you to any structural issues you should consider before closing on the home.

Whether you build a new home or buy a pre-owned home, you’ll have decisions to make.

All homeowners face decisions that affect their long-term expenses. On top of monthly mortgage costs, homeowners are responsible for maintenance costs, property taxes, repair bills, insurance costs, and utility bills. You’ll need to decide who services your home systems and budget for your taxes and repair bills.

You’ll benefit from researching the benefits of installing a smart thermostat. Your home’s heating, ventilation, and air conditioning (HVAC) system makes the difference between staying warm or freezing during the cold winter months. Overused HVAC systems are also more likely to break down, resulting in costly repair bills. Smart home thermostats can help you save money on your energy bills because they learn your routine and operate your HVAC system based on your needs. Instead of blasting cold air all day when you aren’t home, your thermostat will increase the internal temperature while you’re out and reduce it to your preferred temperature before you’re expected home. The thermostat also adjusts the heat in the winter. This limits the amount of time your HVAC system runs, saving you money on your electric bill and extending the life of your HVAC unit.

Buying and building both have pluses and minuses.

Buying a pre-owned home ensures you have a clear picture of the state of the property and the home’s layout. These homes have had time to settle, which means your home inspection will reveal if there are problems with the foundation or other concerns.

New home construction’s often affected by building delays. While you can ensure your home’s layout suits your preferences, new homes don’t stabilize for a couple of years. Consequently, you may discover you have structural issues after you take possession.

Working with professionals can help you find the perfect home for your needs. Whether you buy or build, you’ll benefit from installing a smart thermostat to help reduce your energy bills.